Indoor Air Quality Meters Market to Grow by USD 1.60 bn | Technavio
NEW YORK, Feb. 22, 2022 /PRNewswire/ -- The air quality meters market is expected to grow by USD 1.60 bn from 2020 to 2025. The growth momentum of the market will accelerate at a CAGR of 8.22% during the forecast period.
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The indoor air quality meters market is driven by increased health concerns. However, a lack of awareness regarding indoor air pollution might impact the market growth adversely during the forecast period.
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Major Five Indoor Air Quality Meter Companies and Their Offerings:
- 3M Co. - The company offers indoor air quality meter namely 3M indoor air quality monitor kit with CO sensor 1 kit.
- Camfil AB - The company offers an indoor air quality meter, namely Air Image Sensor, to measure PM1, PM2,5, humidity (RH), and the temperature in the room.
- Carrier Global Corp. - The company offers indoor air quality meters such as air monitors, whole home air purifiers, room air purifiers, among others.
- Daikin Industries Ltd. - The company offers an indoor air quality meter, namely Daikin IAQ Sensor.
- Fluke Corp. - The company offers Fluke HVAC professional indoor air quality testing tools and monitoring equipment.
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Indoor Air Quality Meters Market Product Outlook (Revenue, USD bn, 2020-2025)
- Fixed - size and forecast 2020-2025
- Portable - size and forecast 2020-2025
The portable segment will have significant market share growth during the forecast period. PM 2.5, M10, microbial growth due to humidity and temperature, carbon dioxide, carbon monoxide (CO), volatile organic compounds (VOCs), radon, and other toxic gases are some of the common pollutants that are found indoors. These pollutants can cause respiratory issues, allergic reactions, and frequent sickness. This is driving the need for service providers to install portable indoor air quality monitoring equipment. These products monitor and maintain the quality of air whenever required.
Indoor Air Quality Meters Market Geography Outlook (Revenue, USD bn, 2020-2025)
- North America - size and forecast 2020-2025
- Europe - size and forecast 2020-2025
- APAC - size and forecast 2020-2025
- South America - size and forecast 2020-2025
- MEA - size and forecast 2020-2025
APAC will account for the highest market growth share during the forecast period. China and Japan are the key countries for the indoor air quality meters market in APAC. Moreover, market growth in APAC will be faster than the growth of the market in other regions. The advent of technologically advanced indoor air quality solutions and the growing presence of global companies will facilitate the indoor air quality meters market growth in APAC over the forecast period.
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Indoor Air Quality Meters Market Scope | |
Report Coverage | Details |
Page number | 120 |
Base year | 2020 |
Forecast period | 2021-2025 |
Growth momentum & CAGR | Accelerate at a CAGR of 8.22% |
Market growth 2021-2025 | USD 1.60 billion |
Market structure | Fragmented |
YoY growth (%) | 7.12 |
Regional analysis | North America, Europe, APAC, South America, and MEA |
Performing market contribution | APAC at 31% |
Key consumer countries | US, China, UK, Japan, and Canada |
Competitive landscape | Leading companies, Competitive strategies, Consumer engagement scope |
Key companies profiled | 3M Co., Camfil AB, Carrier Global Corp., Daikin Industries Ltd., Fluke Corp., Honeywell International Inc., Kanomax USA Inc., Parker Hannifin Corp., Thermo Fisher Scientific Inc., and TSI Inc. |
Market dynamics | Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period |
Customization purview | If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
Table of Contents
Executive Summary
Market Landscape
- Market ecosystem
- Value chain analysis
Market Sizing
- Market definition
- Market segment analysis
- Market size 2020
- Market outlook: Forecast for 2020 - 2025
Five Forces Analysis
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
Market Segmentation by Product
- Market segments
- Comparison by Product
- Fixed - Market size and forecast 2020-2025
- Portable - Market size and forecast 2020-2025
- Market opportunity by Product
Customer landscape
Geographic Landscape
- Geographic segmentation
- Geographic comparison
- North America - Market size and forecast 2020-2025
- Europe - Market size and forecast 2020-2025
- APAC - Market size and forecast 2020-2025
- South America - Market size and forecast 2020-2025
- MEA - Market size and forecast 2020-2025
- Key leading countries
- Market opportunity by geography
- Market drivers
- Market challenges
- Market trends
Vendor Landscape
- Overview
- Landscape disruption
Vendor Analysis
- Vendors covered
- Market positioning of vendors
- 3M Co.
- Camfil AB
- Carrier Global Corp.
- Daikin Industries Ltd.
- Fluke Corp.
- Honeywell International Inc.
- Kanomax USA Inc.
- Parker Hannifin Corp.
- Thermo Fisher Scientific Inc.
- TSI Inc.
Appendix
- Scope of the report
- Currency conversion rates for US$
- Research methodology
- List of abbreviations
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